Rockwell Automation, Inc. $ROK Shares Purchased by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC raised its position in Rockwell Automation, Inc. (NYSE:ROKFree Report) by 354.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,775 shares of the industrial products company’s stock after purchasing an additional 2,944 shares during the period. Strengthening Families & Communities LLC’s holdings in Rockwell Automation were worth $1,267,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ROK. Brighton Jones LLC purchased a new position in Rockwell Automation during the 4th quarter valued at about $281,000. AQR Capital Management LLC grew its holdings in Rockwell Automation by 75.9% during the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock valued at $2,059,000 after buying an additional 3,513 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Rockwell Automation by 142.7% in the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after acquiring an additional 4,295 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Rockwell Automation by 233.6% in the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 1,315 shares in the last quarter. Finally, Ascent Group LLC boosted its stake in shares of Rockwell Automation by 12.4% during the second quarter. Ascent Group LLC now owns 4,848 shares of the industrial products company’s stock valued at $1,610,000 after acquiring an additional 533 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ROK shares. Jefferies Financial Group boosted their price objective on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. raised their price objective on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Barclays raised their price target on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Finally, Bank of America increased their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $410.12.

Read Our Latest Report on Rockwell Automation

Insider Transactions at Rockwell Automation

In related news, VP Scott Genereux sold 1,387 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total transaction of $557,615.61. Following the completion of the sale, the vice president directly owned 4,514 shares of the company’s stock, valued at approximately $1,814,763.42. This trade represents a 23.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Tessa M. Myers sold 1,020 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total transaction of $410,111.40. Following the sale, the senior vice president directly owned 6,021 shares in the company, valued at $2,420,863.47. This trade represents a 14.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,231 shares of company stock worth $34,418,889 over the last 90 days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Stock Up 1.8%

ROK opened at $429.19 on Tuesday. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $429.58. The firm has a 50 day moving average price of $405.45 and a 200 day moving average price of $371.05. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The company has a market cap of $48.19 billion, a PE ratio of 56.03, a price-to-earnings-growth ratio of 2.96 and a beta of 1.52.

Rockwell Automation (NYSE:ROKGet Free Report) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the previous year, the firm earned $2.47 earnings per share. Rockwell Automation’s revenue for the quarter was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Company Profile

(Free Report)

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.

Recommended Stories

Want to see what other hedge funds are holding ROK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rockwell Automation, Inc. (NYSE:ROKFree Report).

Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

Receive News & Ratings for Rockwell Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation and related companies with MarketBeat.com's FREE daily email newsletter.